Panthers, Inc. has a capital structure of $20\%$ debt and $80\%$ equity. The tax rate is $40\%.$ The firm$$s bonds

currently trade in the market for $$950.$ These $$1,000$ par value bonds have a coupon rate of $6\%,$ paid

semiannually, with $10$ years to maturity. The firm$$s common stock trades at $$20\mathrm{.}00$ per share. The firm

just paid a dividend of $$2\mathrm{.}00.$ Future dividends are expected to grow at $3\%$ per year forever. Panther$$s

WACC is $\_\_\_\%.$